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Reference M4254

Hairdressers and Beauty Salon in South London For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, sought after SOUTH WEST LONDON

Turnover 5,000
Price 300,000

Features

Spacious well Fitted Unisex Hairdressing Salon Plus Beauty Salon

IMPRESSIVE & SINGLE FRONTED UNISEX HAIRDRESSING SALON with oak strip floor & well equipped including reception desk plus seating for customers' waiting. 6 styling positions with quality mirrors & quality chairs, 2 back basins with chairs.

Stairs to basement with tiled floor 2 BEAUTY ROOMS each with couches plus adjoining shower room. The 2 beauty rooms are let on a 3 monthly agreement & provide a rental income of 26,000 inclusive of VAT.

From the ground floor there is an attractive staircase to first floor area at present used for pedicure & nails.

In addition on the first floor is a large cloakroom

Small office
Staff room/stockroom

Turnover

WE ARE INFORMED the turnover in respect of the hairdressing salon plus beauty salon is in the region of 5,000/6,000 p.w. in our opinion offering tremendous potential for further development in the right hands. We further understand that the first floor area used for pedicure & nails is currently let on an under-lease having approximately 4 years unexpired and providing a rental income at the presemt time of 26,000 p.a. inclusive of VAT.

Staff

Staff employed in respect of the hairdressing salon plus beauty area 4 full time stylists plus 1 part time beautician.

Trading Hours

Monday - Saturday inclusive - 10 a.m. - 7 p.m.
Sunday Closed

Tenure

We understand the entire premises are held on a secure renewable lease, the present lease expiring in March, 2028 a rental of 55,000 p.a. plus VAT exclusive of rates up to November, 2018 with rent review at that time and a further rent review in 2023, with rent to be agreed for the remainder of the term.

Uniform Business Rates: 19,082.75 p.a.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of 300,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 150,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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